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Posts tagged ‘Jefferson Parker’

1
May

Executive Compensation at the V Foundation and Don’t Ever Give Up, Inc.

The V Foundation and Don’t Ever Give Up, Inc. are two separate non-profit 501 (c) (3)’s that can be best described  as follows:

V Foundation:  Formed in 1993 by Jim Valvano to raise money to fund cancer research; and

Don’t Ever Give Up, Inc.:  Formed in 2015 to raise funds for the V Foundation, this organization is the fundraising support arm for the V Foundation.

Although both organizations are separate non-profits,they are related because one exists (Don’t Ever Give Up, Inc.) to support the other (V Foundation). Both organizations operate out of the same office (14600 Weston Parkway) in Cary, NC. Although Don’t Ever Give Up, Inc. reports having no employees, they have compensation related costs because they utilize staff of the V Foundation  and reimburse the organization for those costs along with office related and other expenses. Read more »